MarketReserchReports.biz
has recently announced the addition of a market study “ Global
Containerboard Market: Trends & Opportunities (2015-2019) ”
MarketResearchReports.biz
has announced the addition of a latest report, titled ‘Global
Containerboard Market:
Trends & Opportunities (2015-2019),’ to its online repository.
As per the report, the global containerboard market is expected to
expand at a rapid pace during the period between 2015 and 2019 due to
factors such as the rising demand for containerboards from various
industries and the rising health awareness among people.
Containerboards
are paper boards that are used for manufacturing corrugated boxes.
Containerboards are used for packaging to protect the products from
any kind of natural harm. Corrugating medium and linerboard are the
two types of materials used for making containerboards. Virgin
containerboards and recycled containerboards are the two common types
of containerboards available in the global market. Modified paper
machines that have the capability for higher grammages are used to
manufacture containerboards.
The
global containerboard market is divided by geography into Asia, North
America, and Europe. Currently, Asia leads the global market for
containerboards and is expected to maintain its dominant position in
the coming few years. Europe is predicted to be the second largest
region in the global containerboard market. Irrespective of the low
macroeconomic developments in Europe, there has been a considerable
increase in the consumption of containerboards in the Western Europe.
View
Press Release at
:http://www.marketresearchreports.biz/pressrelease/568
North
America ranks third in the global containerboard market. Factors such
as the introduction of new packaging materials, the increase in the
global packaging consumption, and the rising demand for
containerboards across countries such as China, Chile, Russia, and
Brazil are predicted to propel the global containerboard market in
the coming few years.
Some
of the factors expected to drive the global containerboard market are
the growing requirements for brand enhancement, new packaging
material development, and availability of different varieties of
containerboards. However, factors such as the constantly changing
market, demand for energy efficiency in the production and usage of
packaging products, fall in the demand due to high prices, the
increasing cost of raw materials, and availability of alternative
packaging materials are expected to restrict the growth of the global
containerboard market in the years to come.
Further,
changing market trends such as economic developments, advancements in
digital technology, the increasing awareness about the benefits of
using environment-friendly products, and demographic trends are
expected to contribute towards the growth of the global
containerboard market in the years to come. Smurfit Kappa Group (SKG
Group), DS Smith, Mondi Group, and KapStone Paper & Packaging
Corporation are some of the leading companies in the global
containerboard market. Acquisition of new companies will give the
leading players a chance to maintain their dominance in the global
containerboard market throughout the forecast period.
The
global containerboard market has gone through several changes in the
recent past. The rising demand for various types of containerboards
from the global food and beverages industry is expected to propel the
global containerboard market in the years to come. The demand for
containerboards is expected to increase from the FMCG industries as
well as from the cosmetic industries in the next few years.
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